Crypto analyst Benjamin Cowen believes that Bitcoin (BTC) could be on the brink of a substantial correction, drawing insights from its historical price movements. In his latest strategy session, Cowen, followed by a substantial audience of 788,000 on YouTube, points out a key indicator – Bitcoin’s 100-week simple moving average (SMA). Cowen observes that whenever…
The cryptocurrency market is buzzing with anticipation as the possibility of spot Bitcoin ETFs (exchange-traded funds) approval in early 2024 looms on the horizon. While this development might appear to be a bullish omen for Bitcoin, experts are painting a more nuanced picture. Bitcoin ETFs and the “Sell-the-News” Phenomenon CryptoQuant, a well-known analytics firm, has…
Tone Vays, a well-known trader and analyst, has a pretty optimistic view on Bitcoin. He’s eyeing the crypto leader closely, especially if it surges past a critical two-year high. Speaking to his 123,000 followers on YouTube, Vays points out that if Bitcoin jumps over $48,222, it’s not just a new two-year record; it could be…
Nic Carter, co-founder of Coin Metrics and partner at Castle Island Ventures, shared his insights on when Bitcoin might experience its next big surge. During a recent interview with Bloomberg Television, Carter expressed his belief that Bitcoin’s price could soar in the months following the potential approval of spot Bitcoin exchange-traded funds (ETFs) in the…
Raoul Pal, an ex-Goldman Sachs bigwig, is pretty optimistic about cryptocurrencies, especially Bitcoin. He’s got a massive prediction for its future. Speaking to his YouTube followers, which are over 22,000 strong, Pal believes we’re just scratching the surface of the crypto bull market. Even with the impressive gains in 2023, he thinks this is just…
Tom Lee, a key figure at Fundstrat Global Advisors, is betting on a big 2024 for Bitcoin. In a recent chat on The Julia La Roche Show, Lee pointed out two significant factors that could pump up Bitcoin’s prospects next year. He first highlighted a shift in monetary policy. Central banks, according to Lee, are…
Benjamin Cowen, a crypto analyst with a large YouTube following, is raising concerns that Bitcoin might be heading for a downturn similar to what happened in 2019. He shared with his 788,000 subscribers that the current Bitcoin price pattern mirrors the one from 2019, which led to a significant correction. Cowen explains that if Bitcoin…
The head of the Chamber of Digital Commerce is making waves with a bold prediction: Bitcoin might soar to a million dollars per coin by 2029. This optimistic forecast hinges on the continued rise in Bitcoin adoption. Perianne Boring, the CEO and founder of this crypto advocacy group, shared her insights in a recent CNBC…
Recently, Max Keiser, a well-known Bitcoin enthusiast, raised doubts to his 550,000 social media followers about Ark Invest CEO Cathie Wood’s statements regarding a Bitcoin exchange-traded fund (ETF). Keiser bluntly stated on a social media platform (previously known as Twitter), “This is misleading.” Cathie Wood Advocates for Bitcoin ETF as a Fast Solution for Institutions…
Recently, Bitcoin’s value took another dip, falling below the $42,650 mark. Currently, it’s showing signs that suggest a potential further decline, possibly hitting the $40,000 support level. The trend for Bitcoin is looking somewhat bleak, especially below the $43,500 benchmark. Right now, the cryptocurrency is trading under $43,000 and is below the 100 hourly Simple…
